Consolidated Woodjam Copper Corp (WCC.CA) Technical Analysis
TSX-V:WCC • CA2102941044
Current stock price
WCC.CA Technical Rating and Analysis
Overall WCC gets a technical rating of 3 out of 10. Although WCC is scoring some points because its good overall performance in the market in the past year, recent evolutions are not that positive. Both the medium and short term picture give negative signs.
- The short term trend is neutral, while the long term trend is still negative. We need to see a little more continued positive action to make this really interesting.
- When comparing the yearly performance of all stocks, we notice that WCC is one of the better performing stocks in the market, outperforming 82% of all stocks. However, this relatively good performance is mostly due to a recent big move.
- WCC is part of the Metals & Mining industry. There are 798 other stocks in this industry, WCC did better than 57% of them.
- WCC is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so WCC is lagging the market slightly.
- In the last month WCC has a been trading in the 0.05 - 0.11 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
WCC.CA Weekly and Daily overview Charts
WCC.CA Setup Rating and Analysis
The technical rating of WCC is bad and it also does not present a quality setup at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
WCC.CA Support and Resistance Analysis
0.07
When analyzing the support we notice one important area.
- A support zone ranging from 0.07 to 0.07. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
We can see 2 important resistance areas.
- A resistance zone ranging from 0.09 to 0.09. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 0.10 to 0.10. This zone is formed by a combination of multiple trend lines in multiple time frames.
WCC.CA Technical Indicator Signal Analysis
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | DOWN | NEGATIVE | The long term trend for WCC.CA is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for WCC.CA is neutral. |
| ChartMill Relative Strength | 82.4 | POSITIVE | WCC.CA has a high relative strength, it outperformed 82.4% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of WCC.CA is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of WCC.CA is above a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of WCC.CA is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 55.23 | NEUTRAL | The RSI value for WCC.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | NEGATIVE | The MACD value suggests WCC.CA has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 25 | NEUTRAL | The Stochastics value for WCC.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 10.59 | HIGH VOLATILITY | The high ATR as a percentage value for WCC.CA suggests high volalility. |
| Average Directional Index/ADX (14) | 13.33 | NEGATIVE | The low ADX value for WCC.CA suggests a weak or negative trend. |
WCC.CA Chart- and CandleStick Pattern Analysis
WCC.CA Technicals: Chart, Performance Metrics, Trend & Indicators
Consolidated Woodjam Copper Corp
TSX-V:WCC (12/9/2022, 7:00:00 PM)
0.085
+0.03 (+41.67%)
Consolidated Woodjam Copper Corp / WCC.CA TA FAQ
Can you provide the ChartMill technical rating for Consolidated Woodjam Copper Corp?
ChartMill assigns a technical rating of 2 / 10 to WCC.CA.
What is the current trend direction of Consolidated Woodjam Copper Corp (WCC.CA) stock?
The current trend direction for Consolidated Woodjam Copper Corp (WCC.CA) is Bearish.
What is the RSI signal for WCC stock?
Consolidated Woodjam Copper Corp (WCC.CA) has an RSI value of 55.2314. This indicates that the stock is currently neutral.
What is the short term momentum for Consolidated Woodjam Copper Corp (WCC.CA) stock?
The short term momentum for Consolidated Woodjam Copper Corp (WCC.CA) is neutral.
What is the support and resistance level for WCC stock?
Consolidated Woodjam Copper Corp (WCC.CA) has a support level at 0.07 and a resistance level at 0.09. Check the full technical report for our detailed analysis of WCC.CA support and resistance levels.